24/10/2011

Dow now back to Friday close at 11.807.

Dow opened above Friday close in the US and moved up to a daily high of 11.893. The 2 hr chart has lost its strength and it looks like the next move will be on downside. The one hour chart have now got a falling 8 MA which means trend down. Support might come in at the rising 21 MA now at 11.786.

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